Press release
Explosives Market Report 2022 - Top Leaders, Industry Analysis And Key Regions 2031
Explosives Market Trends
https://www.thebusinessresearchcompany.com/global-market-reports
According to The Business Research Company's explosives market report, The global explosives market size reached a value of nearly $36,568.4 million in 2021, having grown at a compound annual growth rate (CAGR) of 0.4% since 2016. The market is expected to grow from $36,568.4 million in 2021 to $40,093.2 million in 2026 at a rate of 1.9%. The market is then expected to grow at a CAGR of 1.7% from 2026 and reach $43,605.4 million in 2031.
The increase in territorial and political conflicts have been the major driver in the forecast period. Tensions between countries, like India, Pakistan, and China, nuclear weapons testing by North Korea, and incidents like the unrest in Syria, have forced the neighboring nations to strengthen their armed forces, increasing demand for weapons and explosives.
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The Explosives Market Is Segmented -
By Type:
HMX
PETN
RDX
Dynamite
ANF
By Application:
Military
Mining
Quarrying
Construction
By Pyrotechnics Application:
Display
Consumer
Proximate
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Explosives market.
Major competitors in the Explosives market include Orica Limited, AECI Limited, Incitec Pivot Ltd., Hanwha Corporation, ENAEX S.A.
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https://www.thebusinessresearchcompany.com/report/explosives-market
The explosives market consists of sales of explosives by entities (organizations, sole traders, and partnerships) that are engaged in the production and distribution of explosives. Explosives refers to materials, mixtures, and chemical compounds that have high potential energy which produces an explosion if released suddenly, usually accompanied by the production of light, heat, sound, and pressure.
The Table Of Content For The Explosives Market Include:
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction and Market Characteristics
……
288. Market Data Sources
289. Research Methodology
290. Currencies
291. The Business Research Company
292. Copyright and Disclaimer
The Business Research Company's "Global Explosives Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. Located globally, it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
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